SKF vs. FTLS ETF Comparison

Comparison of ProShares UltraShort Financials (SKF) to First Trust Long/Short Equity (FTLS)

SKF

ProShares UltraShort Financials

SKF Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. FinancialsSM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the financial services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.27

Average Daily Volume

50,499

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FTLS

First Trust Long/Short Equity

FTLS Description

The investment seeks to provide investors with long-term total return. Under normal circumstances, at least 80% of the fund's assets (plus the amount of any borrowing for investment purposes) will be exposed to U.S. exchange-listed equity securities of U.S. and foreign companies by investing in such securities directly and/or in U.S. exchange-traded funds ("ETFs") that provide exposure to such securities. It may invest up to 20% of its net assets (plus the amount of any borrowing for investment purposes) in U.S. exchange-listed equity index futures contracts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$63.01

Average Daily Volume

132,033

Number of Holdings ^*

384

* may have additional holdings in another (foreign) market

Performance

Period	SKF	FTLS
30 Days	-6.72%	-0.85%
60 Days	-9.12%	0.32%
90 Days	-16.61%	0.57%
12 Months	-40.83%	20.71%

17 Overlapping Holdings

Symbol	Grade	Weight in SKF	Weight in FTLS	Overlap
AFL	C	0.66%	0.71%	0.66%
ALL	B	0.64%	0.86%	0.64%
ALLY	D	0.19%	0.28%	0.19%
BK	A	0.65%	-0.39%	-0.39%
BRK.A	C	7.56%	1.12%	1.12%
C	D	2.98%	1.89%	1.89%
CME	C	1.25%	1.58%	1.25%
GL	C	0.18%	0.39%	0.18%
JPM	D	7.27%	0.82%	0.82%
NTRS	B	0.39%	0.36%	0.36%
PNC	A	1.13%	-0.52%	-0.52%
SCHW	D	0.93%	1.8%	0.93%
SYF	C	0.36%	0.58%	0.36%
TFC	D	1.27%	0.94%	0.94%
TRV	B	0.61%	0.99%	0.61%
USB	B	1.32%	1.21%	1.21%
WRB	C	0.17%	0.32%	0.17%

SKF Overweight 80 Positions Relative to FTLS

Symbol	Grade	Weight
V	C	5.88%
MA	B	4.83%
BAC	D	4.46%
WFC	D	3.19%
AMT	C	1.74%
AXP	B	1.49%
GS	C	1.34%
SPGI	A	1.22%
MS	C	1.19%
CB	B	1.17%
BLK	B	1.06%
CCI	C	1.02%
PLD	C	1.0%
MMC	C	0.97%
ICE	C	0.91%
EQIX	B	0.84%
AON	B	0.83%
COF	A	0.81%
AIG	D	0.77%
SPG	A	0.76%
PGR	A	0.75%
MCO	A	0.7%
MET	A	0.69%
BX	B	0.67%
PRU	C	0.66%
WELL	C	0.59%
PSA	B	0.56%
TROW	D	0.52%
AVB	C	0.51%
STT	B	0.5%
SBAC	C	0.48%
EQR	C	0.48%
DLR	B	0.44%
WTW	C	0.44%
DFS	B	0.44%
O	C	0.42%
MSCI	C	0.4%
CSGP	D	0.4%
WY	C	0.39%
AMP	B	0.37%
VTR	C	0.37%
HIG	B	0.37%
MTB	A	0.36%
FITB	B	0.35%
BXP	B	0.34%
CBRE	A	0.34%
ESS	C	0.34%
ARE	C	0.32%
KEY	B	0.32%
ACGL	B	0.31%
CFG	C	0.3%
DOC	C	0.3%
AJG	D	0.3%
INVH	C	0.28%
MKL	C	0.28%
RF	B	0.27%
CINF	C	0.27%
HBAN	B	0.26%
MAA	C	0.26%
PFG	B	0.25%
MKTX	C	0.24%
WPC	C	0.24%
SUI	C	0.24%
EXR	B	0.24%
L	D	0.23%
NLY	B	0.23%
UDR	C	0.23%
HST	C	0.22%
ELS	C	0.22%
FNF	B	0.22%
NDAQ	A	0.21%
RJF	C	0.2%
LNC	D	0.2%
EG	C	0.19%
MPW	C	0.19%
EQH	C	0.19%
FDS	C	0.18%
REG	C	0.18%
VNO	B	0.18%
CPT	B	0.18%

SKF Underweight 367 Positions Relative to FTLS

Symbol	Grade	Weight
AAPL	C	-7.5%
MSFT	C	-4.6%
NVDA	D	-4.06%
AMZN	C	-2.5%
ACN	C	-2.11%
JNJ	C	-2.08%
LOW	A	-2.08%
TMUS	C	-2.04%
QCOM	F	-1.96%
PM	C	-1.93%
FDX	F	-1.71%
META	A	-1.66%
MO	C	-1.48%
MPC	D	-1.44%
PH	A	-1.43%
VLO	F	-1.41%
CL	C	-1.4%
GOOGL	D	-1.27%
CTAS	C	-1.07%
AVGO	C	-1.06%
GOOG	D	-1.06%
ILMN	C	-1.04%
LLY	C	-1.03%
LNG	C	-1.03%
KMI	A	-0.99%
FIS	B	-0.98%
HPQ	D	-0.93%
SYY	D	-0.88%
HWM	B	-0.84%
FANG	D	-0.8%
PBR	D	-0.78%
NTAP	D	-0.76%
TOL	B	-0.63%
JBL	D	-0.61%
INSM	D	-0.58%
CROX	D	-0.58%
NVR	B	-0.57%
RL	B	-0.57%
CSL	B	-0.55%
VLTO	B	-0.54%
CF	C	-0.51%
PNR	B	-0.49%
NVS	C	-0.48%
MAS	B	-0.47%
SWK	B	-0.47%
CAG	C	-0.46%
VRSN	D	-0.46%
OKTA	F	-0.45%
TWLO	C	-0.45%
BJ	D	-0.45%
VICI	C	-0.44%
EAT	B	-0.4%
FLEX	C	-0.36%
PENN	C	-0.36%
FFIV	B	-0.35%
ZIM	C	-0.34%
TTC	D	-0.33%
EXP	B	-0.32%
ASO	C	-0.32%
TKO	B	-0.32%
DBX	D	-0.32%
CCK	A	-0.3%
CRS	A	-0.29%
PI	B	-0.28%
SNA	C	-0.27%
JAZZ	D	-0.27%
LPX	B	-0.27%
SPYV	A	-0.26%
RPRX	D	-0.26%
IWD	A	-0.26%
SCHV	A	-0.26%
UHS	B	-0.23%
CNK	C	-0.23%
AYI	A	-0.23%
KNSL	C	-0.22%
AIZ	B	-0.21%
HRB	C	-0.21%
STNG	F	-0.2%
WHD	C	-0.19%
TWST	D	-0.19%
EWBC	D	-0.19%
MSM	D	-0.19%
MGY	C	-0.18%
SAM	F	-0.18%
THO	D	-0.17%
ADMA	B	-0.16%
GLBE	C	-0.16%
ALKS	C	-0.16%
OPCH	C	-0.16%
COLB	B	-0.15%
LOGI	D	-0.15%
ALSN	B	-0.15%
EXEL	C	-0.15%
BFAM	B	-0.15%
LEG	D	-0.14%
UMBF	B	-0.14%
ORI	B	-0.14%
CBT	B	-0.13%
SIGI	D	-0.13%
PNFP	A	-0.13%
MTG	B	-0.13%
TXG	D	-0.13%
AXS	B	-0.13%
CRC	C	-0.13%
PRI	B	-0.13%
PAA	C	-0.13%
GFF	D	-0.12%
HESM	D	-0.12%
KRG	C	-0.12%
NSA	B	-0.12%
MATX	C	-0.12%
SFM	B	-0.12%
CALM	A	-0.12%
CSWI	B	-0.11%
WGO	D	-0.11%
ENLC	B	-0.11%
RDFN	C	-0.11%
SMPL	D	-0.11%
SKYW	C	-0.11%
MMS	C	-0.11%
AM	B	-0.11%
GMS	D	-0.11%
CBSH	D	-0.11%
GM	B	-0.11%
ESNT	B	-0.1%
DBRG	D	-0.1%
ZWS	B	-0.1%
FTDR	B	-0.1%
GRBK	C	-0.1%
YOU	B	-0.1%
VRNA	B	-0.1%
TBBK	B	-0.09%
EPR	B	-0.09%
EXTR	C	-0.09%
THG	C	-0.09%
LCII	C	-0.09%
ABM	D	-0.09%
FOLD	D	-0.09%
PPC	D	-0.09%
TRMD	D	-0.08%
PRGS	C	-0.08%
LANC	D	-0.08%
CUBI	F	-0.08%
KFY	B	-0.08%
LOPE	D	-0.08%
TCBI	B	-0.08%
MQ	F	-0.08%
HAYW	C	-0.07%
REVG	D	-0.07%
AVNT	B	-0.07%
BOH	D	-0.07%
UBSI	C	-0.07%
MYGN	C	-0.07%
KMPR	D	-0.07%
AZZ	D	-0.07%
OTEX	D	-0.07%
CARG	B	-0.07%
NMIH	C	-0.07%
BCRX	C	-0.07%
GBCI	B	-0.07%
RLI	B	-0.07%
VCYT	B	-0.07%
CDNA	C	-0.06%
SUPN	D	-0.06%
AUB	D	-0.06%
GSL	D	-0.06%
WFG	A	-0.06%
COLL	C	-0.06%
PLMR	C	-0.06%
FHB	D	-0.06%
AMPH	C	-0.06%
ROIC	B	-0.06%
PLXS	B	-0.06%
EBC	B	-0.06%
BRC	B	-0.06%
WMB	B	-0.06%
ADUS	C	-0.06%
ICFI	B	-0.06%
PBH	C	-0.06%
CBU	D	--0.02%
WOLF	F	--0.02%
FSLR	C	--0.02%
HON	D	--0.02%
KD	D	--0.02%
AER	B	--0.02%
NVEE	F	--0.02%
SAIA	D	--0.02%
LKFN	C	--0.02%
ARM	C	--0.02%
ENS	D	--0.02%
IBOC	D	--0.02%
EA	D	--0.02%
COHR	B	--0.02%
CVX	D	--0.02%
AZTA	F	--0.03%
GKOS	C	--0.03%
RH	B	--0.03%
DIOD	F	--0.03%
ARLO	D	--0.03%
CFLT	F	--0.03%
OSIS	D	--0.03%
RUN	C	--0.03%
CLH	A	--0.03%
ICHR	F	--0.03%
MARA	F	--0.03%
PSMT	B	--0.03%
AMD	D	--0.03%
VSAT	F	--0.03%
COTY	F	--0.03%
BE	F	--0.03%
GPRE	F	--0.03%
NWSA	D	--0.03%
BIRK	F	--0.03%
ATEC	F	--0.03%
RCL	A	--0.03%
UPST	C	--0.03%
HLN	B	--0.03%
FRO	F	--0.03%
ASPN	C	--0.03%
PAR	C	--0.03%
CRDO	D	--0.03%
SLGN	B	--0.03%
VIST	D	--0.03%
FAST	C	--0.03%
DNB	D	--0.03%
AMAT	D	--0.04%
UTZ	C	--0.04%
AMRC	C	--0.04%
MP	D	--0.04%
RDY	D	--0.04%
IRTC	F	--0.04%
FFIN	B	--0.04%
W	D	--0.04%
NEOG	D	--0.04%
BVN	F	--0.04%
BURL	C	--0.04%
EQT	D	--0.04%
ENR	D	--0.04%
SDGR	F	--0.04%
OSK	D	--0.04%
LYFT	D	--0.04%
WMT	B	--0.04%
LMND	D	--0.04%
APPN	D	--0.04%
ALB	F	--0.04%
PRCT	B	--0.04%
GE	A	--0.04%
HHH	C	--0.04%
TMO	C	--0.04%
SOFI	C	--0.04%
RXST	C	--0.04%
CNNE	D	--0.04%
UWMC	D	--0.04%
RIVN	F	--0.04%
ACIW	B	--0.05%
CTRA	D	--0.05%
GATX	D	--0.05%
AMRK	C	--0.05%
ERJ	C	--0.05%
SE	A	--0.06%
AEO	D	--0.06%
WST	D	--0.06%
APO	B	--0.06%
TTD	B	--0.06%
ZD	D	--0.06%
ACVA	B	--0.06%
STZ	D	--0.06%
VNT	F	--0.07%
SSB	B	--0.07%
VAL	F	--0.07%
AVAV	C	--0.07%
MUFG	D	--0.07%
DLB	D	--0.07%
MSA	D	--0.07%
COP	D	--0.07%
VRRM	D	--0.07%
TRMB	C	--0.08%
KTOS	C	--0.08%
CCOI	C	--0.09%
CDW	D	--0.09%
R	B	--0.09%
AVY	D	--0.09%
HCA	A	--0.09%
MMYT	B	--0.09%
CHK	D	--0.09%
HAE	D	--0.1%
DY	B	--0.1%
BA	F	--0.1%
NXPI	D	--0.1%
MAT	C	--0.1%
VVV	D	--0.11%
BKR	C	--0.12%
ARGX	C	--0.12%
IDCC	B	--0.12%
ING	A	--0.13%
STM	F	--0.13%
NSIT	C	--0.13%
SLB	F	--0.13%
GPC	D	--0.13%
HQY	C	--0.13%
KEYS	C	--0.14%
NFLX	B	--0.15%
PKG	B	--0.16%
VMC	D	--0.16%
ASX	D	--0.17%
ABT	C	--0.17%
MU	F	--0.17%
BWXT	C	--0.18%
HII	D	--0.18%
TM	F	--0.18%
STE	C	--0.18%
SYK	C	--0.19%
IPG	C	--0.2%
URI	B	--0.2%
GWRE	A	--0.21%
INFY	C	--0.21%
PCAR	D	--0.22%
GSK	D	--0.24%
HSBC	B	--0.24%
PANW	C	--0.26%
EFX	C	--0.26%
INTC	F	--0.27%
FMX	F	--0.27%
CCEP	B	--0.28%
TYL	C	--0.28%
KR	C	--0.28%
WAT	C	--0.3%
DEO	D	--0.3%
SNPS	D	--0.31%
NSC	C	--0.31%
SAP	A	--0.31%
OMC	B	--0.31%
BABA	B	--0.32%
PG	C	--0.32%
GEHC	C	--0.33%
TTWO	D	--0.33%
ISRG	C	--0.35%
NOW	A	--0.36%
MMM	A	--0.36%
CMI	C	--0.36%
UL	C	--0.4%
ZBH	F	--0.41%
GEV	B	--0.41%
LMT	B	--0.41%
TXN	C	--0.41%
MDLZ	C	--0.44%
MSI	B	--0.46%
HDB	B	--0.46%
UNH	C	--0.47%
MLM	D	--0.48%
MCD	B	--0.49%
XOM	D	--0.5%
WM	D	--0.52%
DE	B	--0.56%
TSLA	C	--0.57%
ASML	F	--0.57%
ETN	C	--0.58%
PAYX	C	--0.63%
VRSK	D	--0.63%
GD	B	--0.64%
DIS	D	--0.71%
CMCSA	D	--0.71%
LIN	B	--0.72%
CDNS	D	--0.73%
PEP	D	--0.73%
APD	B	--0.74%
ORCL	B	--0.84%